24420 SANDHILL Boulevard, Punta Gorda, FL 33983
sale
$5,550,000
|
Other
Courtesy Of Peace River Partners Realty
Investment opportunity to acquire Sandhill Commons, a well-maintained multi-tenant commercial center featuring 18 fully leased units across three buildings. Offered at a 6.5 CAP rate, this 100 occupied property provides immediate, stable cash flow with significant upside potential as below-market leases mature and renew. Recent capital improvements include roof replacements, updated HVAC systems, parking lot resurfacing, and other property enhancements, minimizing near-term capital expenditures. Ideally located on Sandhill Boulevard in the heart of Port Charlotte, the property offers excellent visibility, strong tenant occupancy, and convenient access to US-41, Kings Highway, and I-75. Whether you're completing a 1031 exchange or expanding your investment portfolio, Sandhill Commons represents a turnkey, income-producing asset with long-term appreciation potential. All information comes from users and sources that are believed to be reliable, but should be verified for accuracy. Subject to errors and omissions.
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Property Features
- Age: 21-30 Years Old
- Amenities: Security System
- Building Units: 18
- Cooling System: Central Air
- Exterior Type: Block
- Floors: 1
- Heating System: Central
- Legal Description: SCR 000 0000 0002 SANDHILL CROSSINGS LT 2 2434/901 RES2816/254 E3607/559 4471/754 SCR 000 0000 0003 SANDHILL CROSSINGS LT 3 2434/901 RES2816/254 E3607/559 4471/754
- MLSID: C7528393
- Roof Type: Membrane
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